Investing in Saudi's consumer staples

Published on 23 Jul, 2017

Consumer staples are believed to be stimulating right now as its performance spread widens, while its valuation spread narrows. Since 2000, the MSCI world consumer staples indexís outperformance versus the MSCI world index is noteworthy. The barometer has widened from 1.4x (December 2007) at the beginning of our most recent period of recession to 1.9x (April 2017) right now, way ahead of the historical median (1.6x).